Announcement
April 30, 2007 |
Updated : 30/04/2007 |
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IJM CORPORATION BERHAD ("IJM”) or ("the
Company")
Take-over Offer By
Aseambankers Malaysia Berhad (“Aseambankers”) and Newfields Advisors
Sdn Bhd To Acquire All The Remaining Ordinary Shares Of RM1.00 Each
Of RB Land Holdings Berhad (“RB Land”) Not Already Owned By IJM And
Road Builder (M) Holdings Berhad, Being The Person Acting In Concert
With IJM (“PAC”), For A Cash Consideration Of RM0.50 Per RB Land
Share (“Offer”) |
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We refer to the Offer Document that was despatched to the
shareholders of RB Land on 9 April 2007 and the announcement dated
19 March 2007.
Pursuant to Section 25(1) of the Malaysian Code on Take-Overs and
Mergers, 1998, Aseambankers on behalf of IJM, wishes to announce
that the Offer has closed as at 5.00 p.m. (Malaysian time) on
Monday, 30 April 2007 (“Closing Date”). As at Closing Date, IJM has
received valid acceptances to the Offer of approximately 0.002% of
the issued and paid-up share capital of RB Land (details of which
are set out in Table 1 below). As such, IJM and PAC have a total
equity interest of approximately 69.957% in RB Land.
This announcement is dated 30 April 2007.
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Table 1 - Level of Acceptance |
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Number of RB Land shares
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% of issued and paid-up share capital of
RB Land |
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Held by IJM and
PAC as at 5.00 p.m. on Monday, 30 April 2007 |
397,476,868 |
69.955 |
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In respect of
valid acceptances of the Offer which have been received as at 5.00
p.m. on Monday, 30 April 2007 |
14,000 |
0.002 |
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In respect of the
acceptances of the Offer which have been transferred into the Central
Depository System account of IJM as at 5.00 p.m. on Monday, 30 April
2007 and still pending verification |
1,000 |
0.000 |
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Acquired or
agreed to be acquired by IJM during the period commencing from 19
March 2007, being the date of the announcement and the serving of the
notice for the Offer up to 5.00 p.m. on Monday, 30 April 2007 |
- |
- |
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Total |
397,491,868 |
69.957 |
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